No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
MAJOR DROP IN CENTREBET PROFITS
Posted 2/23/11 : But increased marketing-spend will reap benefits going forward
The Australian betting group Centrebet has released a set of results for the half year ended December 30 2010 that will likely not be well received by investors due to a decline of 70 percent in net profits, mainly attributed to a marketing splurge of A$1,9 million more than was invested in this activity in H1 2009.
Justifying the expenditure, managing director Michael McRitchie said he expected the additional marketing to be reflected in improved second half results.
Despite the decline in profits, other key indicators of the company's performance were promising, and included:
* Underlying Australian revenue growth of 25 percent to $25.5 million;
* Net profit after tax of A$2.5 million;
* Project Rocket initiatives delivering strong results with Australian new depositing clients up 92 percent and Australian total active clients up 46 percent;
* Strong performance from TAB Fixed-Odds Management Services (FOMS) contracts, with revenues up 57 percent;
* Strong balance sheet maintained with $9.3 million surplus cash;
* Continued Australian market share growth with online revenue up 23 percent to A$24 million;
* Lower than budgeted client acquisition costs;
* Average revenue per client in-line with expectations;
* Strong TAB FOMS performance with revenues up 57% to $1.5 million.
The pleasing performance of Centrebet’s Australian operations was partially offset by a decrease in the performance of its European operations. On a constant currency basis the European net contribution declined by A$2.6 million, driven mainly by a decline in online casino and poker revenue and higher banking costs in Norway.
Centrebet continues to focus on its core Norwegian, Danish and Greek markets with an emphasis on improving cash generation from these markets, management noted. Casino and poker revenues stabilised in October 2010 and have shown improvement since then.
The company's chairman, Graham Kelly, said: “In this result we are starting to see the early gains we have made from our 5 Year Strategic Plan to place greater focus on the Australian market.
"Turnover, revenue, client numbers and market share have all grown. Our customers are responding well to Centrebet’s new products, our marketing initiatives are delivering results and we have made a good start towards achieving our longer term objectives.”
Centrebet managing director, Michael McRitchie, said: “In the coming months we expect to see the benefits of our increased marketing spend flow through to a stronger second-half. Centrebet’s exciting new racing and mobile telephony products which will be launched in the coming months should also contribute to further growth”.
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
Money Storm Casino -
Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.